Precipitate Gold Corp (PRG) - Net Assets
Based on the latest financial reports, Precipitate Gold Corp (PRG) has net assets worth CA$4.33 Million CAD as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.67 Million) and total liabilities (CA$338.68K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$4.33 Million |
| % of Total Assets | 92.75% |
| Annual Growth Rate | 15.44% |
| 5-Year Change | 58.63% |
| 10-Year Change | 323.65% |
| Growth Volatility | 126.52 |
Precipitate Gold Corp - Net Assets Trend (2011–2024)
This chart illustrates how Precipitate Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Precipitate Gold Corp (2011–2024)
The table below shows the annual net assets of Precipitate Gold Corp from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$5.43 Million | -10.05% |
| 2023-11-30 | CA$6.04 Million | +4.27% |
| 2022-11-30 | CA$5.79 Million | +144.20% |
| 2021-11-30 | CA$2.37 Million | -30.74% |
| 2020-11-30 | CA$3.42 Million | +2.90% |
| 2019-11-30 | CA$3.33 Million | +96.00% |
| 2018-11-30 | CA$1.70 Million | -30.66% |
| 2017-11-30 | CA$2.45 Million | -37.45% |
| 2016-11-30 | CA$3.91 Million | +205.27% |
| 2015-11-30 | CA$1.28 Million | -62.21% |
| 2014-11-30 | CA$3.39 Million | -0.94% |
| 2013-11-30 | CA$3.42 Million | -18.85% |
| 2012-11-30 | CA$4.22 Million | +402.86% |
| 2011-11-30 | CA$839.14K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Precipitate Gold Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1548826200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$21.55 Million | 396.91% |
| Total Equity | CA$5.43 Million | 100.00% |
Precipitate Gold Corp Competitors by Market Cap
The table below lists competitors of Precipitate Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Supremex Inc.
TO:SXP
|
$64.54 Million |
|
Pluk Phak Praw Rak Mae Public Company Limited
BK:OKJ
|
$64.54 Million |
|
Cytogen Inc
KQ:217330
|
$64.57 Million |
|
ad pepper media International N.V
XETRA:APM
|
$64.58 Million |
|
Coheris SA
PA:COH
|
$64.53 Million |
|
Stabilis Solutions Inc
NASDAQ:SLNG
|
$64.53 Million |
|
Trivago NV
NASDAQ:TRVG
|
$64.52 Million |
|
HYDROGENE DE FRAN. EO-02
F:9QW
|
$64.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Precipitate Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,036,365 to 5,429,867, a change of -606,498 (-10.0%).
- Net loss of 768,522 reduced equity.
- Other comprehensive income decreased equity by 4,439,108.
- Other factors increased equity by 4,601,132.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-768.52K | -14.15% |
| Other Comprehensive Income | CA$-4.44 Million | -81.75% |
| Other Changes | CA$4.60 Million | +84.74% |
| Total Change | CA$- | -10.05% |
Book Value vs Market Value Analysis
This analysis compares Precipitate Gold Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 17.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.45x to 17.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-11-30 | CA$0.21 | CA$0.73 | x |
| 2013-11-30 | CA$0.13 | CA$0.73 | x |
| 2014-11-30 | CA$0.10 | CA$0.73 | x |
| 2015-11-30 | CA$0.03 | CA$0.73 | x |
| 2016-11-30 | CA$0.07 | CA$0.73 | x |
| 2017-11-30 | CA$0.03 | CA$0.73 | x |
| 2018-11-30 | CA$0.02 | CA$0.73 | x |
| 2019-11-30 | CA$0.04 | CA$0.73 | x |
| 2020-11-30 | CA$0.03 | CA$0.73 | x |
| 2021-11-30 | CA$0.02 | CA$0.73 | x |
| 2022-11-30 | CA$0.05 | CA$0.73 | x |
| 2023-11-30 | CA$0.05 | CA$0.73 | x |
| 2024-11-30 | CA$0.04 | CA$0.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Precipitate Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-14.15%) is above the historical average (-51.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -43.18% | 0.00% | 0.00x | 1.01x | CA$-2.24 Million |
| 2013 | -44.00% | 0.00% | 0.00x | 1.02x | CA$-1.85 Million |
| 2014 | -41.34% | 0.00% | 0.00x | 1.01x | CA$-1.74 Million |
| 2015 | -252.74% | 0.00% | 0.00x | 1.04x | CA$-3.37 Million |
| 2016 | -44.77% | 0.00% | 0.00x | 1.06x | CA$-2.14 Million |
| 2017 | -71.30% | 0.00% | 0.00x | 1.03x | CA$-1.99 Million |
| 2018 | -55.44% | 0.00% | 0.00x | 1.04x | CA$-1.11 Million |
| 2019 | -16.41% | 0.00% | 0.00x | 1.01x | CA$-878.31K |
| 2020 | -50.27% | 0.00% | 0.00x | 1.02x | CA$-2.06 Million |
| 2021 | -72.45% | 0.00% | 0.00x | 1.06x | CA$-1.95 Million |
| 2022 | 26.80% | 0.00% | 0.00x | 1.38x | CA$972.44K |
| 2023 | 5.94% | 0.00% | 0.00x | 1.06x | CA$-245.03K |
| 2024 | -14.15% | 0.00% | 0.00x | 1.06x | CA$-1.31 Million |
Industry Comparison
This section compares Precipitate Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,011,639
- Average return on equity (ROE) among peers: -23.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Precipitate Gold Corp (PRG) | CA$4.33 Million | -43.18% | 0.08x | $64.53 Million |
| Abcourt Mines Inc. (ABI) | $27.66 Million | -3.28% | 0.35x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $13.38 Million | -3.65% | 0.02x | $3.68 Million |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $518.31K | -0.04% | 0.11x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $-251.88K | 0.00% | 0.00x | $9.71 Million |
| Alkane Resources Limited (ALK) | $191.56 Million | 29.08% | 0.23x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $822.20K | -78.33% | 0.24x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.98 Million | -5.17% | 0.10x | $1.59 Million |
About Precipitate Gold Corp
Precipitate Gold Corp. engages in the acquisition and exploration, exploitation, and development of mineral resources in Canada and the Dominican Republic. The company explores for gold and base metal deposits. It primarily holds 100% interests in the Juan de Herrera project covering an area of approximately 12,706 hectares; the Pueblo Grande project that consists of single contiguous claim block… Read more